MOL to Present Marine Simulator
to International Maritime College Oman

April 28, 2008

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) today announced plans to donate an advanced marine simulators ^*1 to Oman Government for the International Maritime College Oman ^*2. On April 24, the company invited Minister of National Economy and Deputy Chairman of the Financial Affairs and Energy Resources Council in Oman, Ahmed Macki to a presentation ceremony at the Tokyo Head Office.

Oman has set a national policy to encourage development of the ocean shipping industry, and established the International Maritime College Oman in 2005 to provide seafarer training. The university accepts foreign students from neighboring countries as well as Omani students.

MOL believes this presentation will promote education and training for seafarers in Oman and from neighboring Arabic nations, and, by extension, contribute to the development of sustainable worldwide ocean shipping.

*1 The marine simulators consist of four systems - ship handling, engine control, liquefied cargo handling, and container handling crane.

*2 International Maritime College Oman was established jointly in April 2005 by Oman Government and the STC-Group in the Netherlands, a non-profit organization that operates maritime training facilities around the world to provide seafarer training. Current enrollment is about 400.